Tags Pacific International Lines (PIL)

Tag: Pacific International Lines (PIL)

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Wan Hai earmarks US$360 million for second-hand ships

n.savvides - December 9, 2020 0

Wan Hai Lines' directors said on 7 December 2020 that the company is considering purchasing more second-hand ships and has set aside a budget...

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Updated: PIL defaults on bond payments

n.savvides - November 17, 2020 0

Pacific International Lines is unable to make good on the principal and interest due to holders of an SG$60 million (US$43.8 million) bond issue...

News

PIL files for court protection as restructuring plan takes shape

n.savvides - November 10, 2020 0

Pacific International Lines (PIL) has announced that it has developed a restructuring plan with its investors Heliconia Capital Management and has applied to Singapore’s...

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PIL sells two more ships

n.savvides - November 5, 2020 0

Pacific International Lines has sold another two ships as the troubled Singaporean liner operator works on bolstering its balance sheet. South Korean feeder operator Taiyoung...

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PIL revamps African regional service

n.savvides - October 26, 2020 0

Cash-strapped Singaporean liner operator Pacific International Lines (PIL) continues its restructuring with the closure of its Far East-Indian Ocean-Mozambique (MZS) service, opting instead to...

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PIL continues restructuring with ship sale to TS Lines

n.savvides - October 12, 2020 0

Pacific International Lines (PIL), the cash-strapped Singaporean liner operator, has sold yet another ship and it has been snapped up by Taiwanese intra-Asia carrier...

News

Dongjin takes delivery of fourth newbuilding

n.savvides - October 7, 2020 0

South Korean feeder operator Dongjin Shipping has upgraded its South Korea-Japan service with a 1,000TEU newbuilding that it just bought from Dae Sun Shipbuilding...

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PIL extends Heliconia talks and offloads more ships

n.savvides - October 6, 2020 0

Pacific International Lines (PIL) has informed the Singapore Exchange that it is again delaying filing its annual return, with the names of the latest...

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PIL sales continue with PDL divestment

Container News Team - March 13, 2020 0

Neptune Pacific Line (Neptune) has acquired Pacific Direct Line (PDL) from PDL’s parent holding company, Pacific International Lines (PIL). The combined business will link...

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Tag: Pacific International Lines (PIL)

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